Pegasus Realty Group
BEDS16
BATHS8 full
SQUARE FEET5,472
MLS#73546953
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Attention Investors: Turnkey, high-cash-flow 8-unit building featuring a solid rental history and excellent tenant appeal. Every unit offers an identical, spacious 2BR layout, with 6 of the 8 units renovated within the last 10 years for minimal immediate CapEx. Features include ample off-street parking, dedicated tenant storage, and an on-site coin-op laundry facility providing immediate bonus income. Landlord covers heat, hot water, and trash, while tenants pay separate electric and cable. Strategically located for easy commuting near the MA Pike (I-90) and the Palmer business district. Well-maintained with clear value-add potential in the remaining units. All tenants are currently on a month-to-month basis, offering immediate rental upside. Total current gross income is $10,200/month. (For MLS unit detail: Units 6, 7, and 8 each have 4 rooms, 2 bedrooms, 1 bath, stove and refrigerator remain, rent is $1,300/month each.) Add this high-performer to your portfolio today!
Property Features
Property Type: Multi Unit - Multiple
Heating: Baseboard
Lot Size: 0.26 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $13,041
Year Built: 1965
Amenities
Living Room
Kitchen
Remodeled
Feature Descriptions
Appliances: Washer, Dryer, Range, Microwave, Refrigerator
Building Area Total: 5472
Community Features: Shopping, Medical Facility, Highway Access, Public School
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 13
Door Features: Storm Door(s)
Dwelling Type: 5-9 Family
Electric: Individually Metered
Exterior: Frame
Flooring: Vinyl
HeatingY/N: 1
Open Parking Y/N: Yes
Parcel Number: M:60 B:46,3147653
Parking Features: Paved Drive, Off Street
Parking Total: 8
Rent Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
Road Responsibility: Public Maintained Road
Rooms Total: 32
Sewer: Public Sewer
Units: 8
Utilities: for Electric Range, for Electric Oven
Water: Public
Listed By / Shown By
Listed By
Agency Name: Landmark, REALTORS
Agent Name: Arthur Ferrara
Agency Phone: 413-596-4500
Shown By
Agent Name: Pegasus Realty Group
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 3,425.26 per month $2,067.55 Principal & Interest $1,086.75 Property Tax $270.96 Homeowner's Insurance
2 Green St | MLS# 73546953
This multi-family property located at 2 Green St, Palmer, MA 01069 is currently listed for sale with an asking price of $929,000. Search Palmer real estate on pegasusrealtygroup.masiellogrouprealestate.com today.